ground of fraud if the insured can prove that the misstatement of or suppression of a material fact was true to the best ... there was no deliberate intention to suppress the fact or that such misstatement of or suppression of a material fact are within the knowledge
credit wrongly availed or utilised by reason of fraud or any wilful misstatement or suppression of facts.
(1) Where it appears to the proper officer ... been wrongly availed or utilised by reason of fraud, or any wilful-misstatement or suppression of facts to evade tax, he shall serve notice
availed or utilised for any reason other than fraud or any wilful misstatement or suppression of facts.
(1) Where it appears to the proper officer ... reason, other than the reason of fraud or any wilful-misstatement or suppression of facts to evade tax, he shall serve notice on the person
interest has been erroneously refunded by reason of
collusion or any wilful misstatement or suppression of facts by the
importer or the exporter ... read as five years only in some
specific circumstances, viz. collusion, willful misstatement or
suppression of facts. Since the said show-cause notice was issued
registration; or (e) registration has been obtained by means of fraud, wilful misstatement or suppression of facts: Provided that the proper officer shall not cancel
reason, other than the reason of fraud or any wilful misstatement or suppression of facts to evade tax, shall be liable to a penalty ... person, whichever is higher; (b) for reason of fraud or any wilful misstatement or suppression of facts to evade tax, shall be liable
Tribunal, inter alia, adopted the following reasoning while dismissing the appeal :
While misstatement or suppression of facts, per se, attract the larger period of limitation ... obvious that, regardless of intent, a mere suppression of facts or misstatement in the information statutorily required to be supplied to the excise authorities attract
erroneously refunded, by reason of fraud or collusion or any wilful misstatement or suppression of facts, or contravention of any of the provisions of this
sustainable for the reason that the charges of fraud or any wilful-misstatement or suppression of facts to evade tax has not been established against
contents of prospectus and as to liability in respect of misstatements, in and omissions from, prospectus, or otherwise relating to prospectus, shall apply with
